2-day Mumbai visit: Bhagwant Mann asks corporate bigwigs to invest in Punjab

By, Chandigarh
Jan 23, 2023 10:55 PM IST

Chief minister Bhagwant Mann during his two-day Mumbai visit, on Monday extended invitation to the top honchos of the industry to invest in the state to give boost to the industrial growth.

Chief minister Bhagwant Mann during his two-day Mumbai visit, on Monday extended invitation to the top honchos of the industry to invest in the state to give boost to the industrial growth.

Mann also apprised corporates that the state government is making strenuous efforts to further strengthen the single window system for facilitating the investors. (ANI file photo)
Mann also apprised corporates that the state government is making strenuous efforts to further strengthen the single window system for facilitating the investors. (ANI file photo)

The chief minister’s discussions with the managements of Godrej, Hindustan Unilever, Mafatlal group, Mahindra & Mahindra, Jindal Steels and others during his itinerary in Mumbai, showcasing the state as a destination to these industrial units. He also apprised them that the state government is making strenuous efforts to further strengthen the single window system for facilitating the investors.

The CM said that the pragmatic policies of the state government along with industry-friendly approach and state of the art infrastructure provides a conducive atmosphere for the industrial development in the state.

“Earlier the single window service was devoid of any meaningful purpose, which not only demoralised the potential investors but also hampered the industrial development of the state. Now my government has ensured that the single window system works as a real facilitator to the entrepreneurs interested in investing in the state,” he added.

During a meeting with the representatives of the Hindustan Unilever, the CM asked them to expand their existing plant for tomato ketchup manufacturing in Nabha. He said that the state government will encourage the farmers of the state to grow tomatoes to support the industry. The company assured Mann that they will explore the feasibility of setting up a unit in the state.

Mann also had a detailed meeting with a delegation of Thyrocare, an Indian multinational chain of diagnostic and preventive care laboratories. During the meeting, he apprised the representatives of the company that the state government has major thrust on imparting quality healthcare services to people, inviting the company to set up a chain of laboratories in the state.

In a meeting with the Mafatlal group, the CM extended invitation to invest in the state, as the cotton belt in Punjab produces the finest cotton across the globe which can be used as raw material for producing premium fabric.

Taking part in a meeting with representatives of Mahindra & Mahindra, the CM said that there is a huge potential for the tourism sector in the state especially around Ranjit Sagar Dam, Chohal Dam and others. The company showed keen interest in setting up its chain of Club Mahindra resorts in the state. The company invited the CM for inauguration of the upgraded plant of Swaraj Tractors at Lalru. In the meetings with the business houses the CM said that the Invest Punjab Summit being organised in Mohali on February 23-24 will prove to be a milestone towards giving a major fillip to industrial growth of the state. He said that the state government has already finalised the arrangements for the mega event.

During a meeting with the delegation of Kotak Mahindra bank, Mann discussed the possibilities of expansion of the banking sector in the state offering cooperation to them for setting their venture in Punjab.

Meanwhile, during a meeting with a delegation of Hind Terminal - a logistics company, the CM said that there is a huge scope for the growth of the sector in the state. He assured full support to the company for expansion of their unit in Quilla Raipur. He also held deliberations with the Godrej group, seeking investments in the agriculture and real estate sectors.

Similarly in a meeting with Jindal steel, the CM asked them to invest in the state as there was enormous scope of growth. He added that the state is heading towards becoming surplus in power production and this can help in accelerating the growth of industry.

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